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OpenAI

OpenAI is an AI research and deployment company based in San Francisco that develops ChatGPT and other AI technologies.

Facts

HQ
None
Sectors
Artificial Intelligence, AI Research
Founded
2015
Stage
private

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Highspot merges with Seismic in deal reported near $2.8B; combined company totals $600M revenue and keeps Seattle HQ

Sales software companies Highspot and San Diego-based Seismic completed a merger that combines about $600 million in annual revenue, will keep Highspot's Seattle Belltown office and brand as "Highspot by Seismic," and is expected to close in Q1 2027 in a deal reported around $2.8 billion. The combined company, taking the Seismic name, says it will invest more than $100 million annually in R&D and serves roughly 2,500 customers and 3.5 million users.

Is AI a Bubble? What PitchBook's Head of Research Sees in the Data

Recorded live at Seattle Tech Week, this episode of Founded & Funded brings together two people who track the AI capital markets from different vantage points: ⁨Pitchbook⁩ EVP of Research & Market Intelligence Nizar Tarhuni, and Madrona Partner Sabrina Albert. These two dig into where AI venture capital is actually landing across the model, infrastructure, and application layers, why AI "harnesses" are becoming a winner-takes-most category, and where vertical AI applications may hold an edge that horizontal platforms can't match. They also cover PitchBook's VC Exit Predictor, the new normal for AI seed valuations, and the tranche-financing structures Nizar says…

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